Detroit
Jonathan Rose Acquires 2 Senior Communities in Greater Detroit
The affordable assets changed hands for a combined $16.2 million.
Detroit Multifamily Report – August 2022
Detroit’s limited new inventory continued to boost rent development. Despite a decline, the occupancy rate still remained high, at 96.5 percent.
Resthaven Begins Construction of Michigan Senior Community
This $72.5 million project is scheduled for completion by 2024.
New Solutions to Housing Affordability
Rising construction costs are complicating efforts to meet demand for low-income housing. But new collaborations and the President’s recently announced plan offer possibilities for success.
CPC Mortgage Closes $106M Loan for Michigan Affordable Portfolio
The financing will be used to acquire and preserve more than 1,600 units across the state.
Detroit Multifamily Report – March 2022
Motor City’s rental market regained a lot of ground over the past year.
Bedrock Detroit on the City’s Ongoing Recovery
Insights from CEO Kofi Bonner on the multifamily market’s steady growth.
The GSH Group Picks Up 2 Michigan Assets for $200M
The firm has added more than 1,000 units to its portfolio.
Detroit Multifamily Report – Fall 2021
The market’s recovery is well underway, with all fundamentals registering gains.
SpareBox Storage Closes Massive Midwest Acquisition
The company expanded its footprint by 1.9 million square feet.